Cryptocurrency Analysis and News Portal
Most recently, DOGE pulled off a 10x gain as it rallied to $0.74 in the past week. The breakout was fueled mainly by Tesla CEO Elon Musk and his constant mentions of the token on social networks and interviews. Surprisingly, as Musk debuted on Saturday Night Live on May 8,
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Bitcoin closed the month of April at a value of $57,630Bitcoin would push higher to a local peak of $58,458 – Binance rateBTC traders are not too convinced that the push to $58k is a bullish oneInstitutional investors are still accumulating BitcoinBTC analyst, MagicPoopCannon, still believes Bitcoin could hit $80k
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As Ether (ETH) made a $2,800 all-time on April 29, so did its futures open interest. The $8.5 billion figure marks a 52% monthly increase and shows robust trading activity behind the meteoric price rise.Some analysts might dismiss Ether derivatives, considering CME's future has $355 million in open interest compared
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Bitcoin (BTC) might have recovered from the $47,000 low seen on April 25, but the subsequent 15% bounce was not enough to bring optimism to the BTC options markets. Even at the present $54,000 level, the price remains 17% below the $64,900 all-time high reached on April 14.The popular Crypto
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South Korea’s “big four” crypto exchanges — Bithumb, Korbit, Upbit and Coinone — are showing a marked cooling off in Bitcoin (BTC) enthusiasm.Meanwhile, altcoins are now accounting for the highest 24-hour trading volume according to data from multiple market aggregators.Apart from XRP, which is often popular among crypto traders in
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Moreover, Robinhood said that its team had expanded more than three times since 2021 began.Stock brokerage Robinhood Markets Inc said customers who traded crypto on the platform grew from 1.7 million in 2020 Q4 to 9.5 million in 2021 Q1. The online brokerage app announced the massive growth in a blog post published on
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After flirting with a $2 trillion market capitalization for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find a reason to explain the move.Analysts typically
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Starting to trade cryptos is not a direct ticket to joining the millionaires club. It requires training and practice before making the kind of profit that can help you join the club. One of the tools you will need to learn to use quickly is the free crypto signals. They
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Now that Ether's (ETH) price broke the $2,000 level, hitting all-time highs this week, traders became excessively bullish and are expecting more upside in the short-term. Some analysts believe Visa's initial USD Coin (USDC) stablecoin transaction settlement on the Ethereum network kicked off the most recent rally. Others attribute the current Ether hike
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A U.S. federal court has granted authorization to the Internal Revenue Service, or IRS, to serve a John Doe summons to fintech firm Circle seeking all information on U.S. taxpayers who traded at least $20,000 worth of crypto assets on its platforms between 2016 and 2020.The summons will apply to
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